• July 28, 2020

Day: 22 May 2019

Phil Lowe’s finger hovering above rate cut button

Karen Maley | The Australian Financial Review | 10 May 2019 https://www.afr.com/business/banking-and-finance/phil-lowe-s-finger-hovering-above-rate-cut-button-20190510-p51m0d Australia is set to see interest rates hit fresh historic lows in coming months, unless strong jobs market and rising commodity prices come…

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The case that could reshape banking

The case that could reshape banking

James Eyers & Misa Han | The Australian Financial Review | 10 May 2019 https://www.afr.com/business/banking-and-finance/inside-the-westpac-case-that-could-alter-banking-20190510-p51lz4 It’s a case that will define one of the most fundamental jobs of a bank – working out whether to…

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ANZ says 7.25pc buffer has to go

ANZ says 7.25pc buffer has to go

James Frost & James Eyers | The Australian Financial Review | 1 May 2019 https://www.afr.com/business/banking-and-finance/anz-says-7-25pc-buffer-has-to-go-20190501-p51j0g ANZ chief executive Shayne Elliott urged the prudential regulator to scale back the buffer requiring new borrowers have the capacity…

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Three-quarters of SMEs believe bank appetite has decreased

Three-quarters of SMEs believe bank appetite has decreased

Annie Kane | The Adviser | 7 May 2019 https://www.theadviser.com.au/breaking-news/39077-three-quarters-of-smes-believe-bank-appetite-has-decreased Seventy-four per cent of small business owners believe that bank appetite for SME lending has decreased this financial year, while 30 per cent believe that…

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Where home prices rose and fell the most in every Australian capital city over the past year

Where home prices rose and fell the most in every Australian capital city over the past year

David Scutt | Business Insider Australia | 10 May 2019 https://www.businessinsider.com.au/australia-house-prices-best-worst-performing-capital-city-2019-5 Australia’s median home price slumped 7.2% in the year to April. An even larger 8.4% decline was recorded in the capital cities in average…

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Majors commit to HEM alternatives

Majors commit to HEM alternatives

Madison Utley | Australian Broker | 9 May 2019 https://www.brokernews.com.au/news/breaking-news/majors-commit-to-hem-alternatives-262695.aspx As Westpac and ASIC continue to clash over responsible lending measures and the big four face remediation bills of more than $5bn, focus has turned…

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